Chapter
Renting is a Better Investment than Buying a Home for Most People According to Data
According to data from the last 50 years, it is better to rent and put remaining money in S&P 500 rather than buying a house when compared with rising home prices, which have increased only 3%.
Clips
The speaker explains how renting for a long time and renting furniture can save money in the long run, despite common misconceptions that renting means wasting money.
1:33:17 - 1:35:28 (02:11)
Summary
The speaker explains how renting for a long time and renting furniture can save money in the long run, despite common misconceptions that renting means wasting money.
ChapterRenting is a Better Investment than Buying a Home for Most People According to Data
Episode#243: Sam Parr – From Jail To $20+ Million By 32
PodcastThe Danny Miranda Podcast
Investing in the S&P 500 and renting a home of similar value instead of putting a down payment on a home could potentially leave you with more money in the long run, assuming the market continues its trend from the previous 50-100 years.
1:35:28 - 1:37:48 (02:20)
Summary
Investing in the S&P 500 and renting a home of similar value instead of putting a down payment on a home could potentially leave you with more money in the long run, assuming the market continues its trend from the previous 50-100 years.